5870 Garrett Lane Rockford, IL ^$ 425,000

5870 Garrett Lane

^$ 425,000

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5870 Garrett Lane

Rockford, IL, 61107

^$ 425,000

Studio Baths0.0 Sq 3,820

Monthly Estimate*

^$ 2,617

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Studio

Multi-Family Home for sale in Rockford, IL

for $425,000. This home is 3,820 square feet.

Incredible investment opportunity! There are four 2-bed, 1-bath units, each with 1 shared garage parking spot. All of the units have been updated since 2017 with the most recent, unit 4, being finished in March of 2026. Each unit has a private basement with laundry hooks-ups. New roof in 2018. Hardwood floors in all bedrooms, laminate/LVP/ceramic tile, in kitchens and living rooms. Currently two units are occupied with rents of $950 and $1,000. All units have slightly different updates. Three units have central A/C. Separate gas and electric paid by tenants. Water, sewer, and garbage are paid by owner. All brick siding.

Multi-Family Active

Price

^$ 425,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 8,391

Style

1 Story

Town/City

Rockford

County/Region

Winnebago

MLS | Web ID

202601458

Features

General

Sewer City

Heating Forced Air

Cooling Central Air

Utilities 0

Possession Closing

Roof Shingle

Water City

Water Heater Gas

Electric Circuit Breaker

Style 1 Story

Class MULTIFAMILY

Type 2 Units

Parcel Number 1221427018

HUD No

Tax Year 2024

Basement Type Full

Status ACTIVE and AVAILABLE

Subdivision IL

Sale/Rent For Sale

Status Detail 0

Short Sale No

Primary City Rockford

Year Built 1964

High School Guilford High

City ROCKFORD

Taxes 8391

School District Rockford 205

Elementary School Brookview Elementary

Middle School Eisenhower Middle

Legal Description COUNTRY AIR ESTATES PT SE 1/4 SEC 21-44-2 SLY 5.8 FT LOT 43 & ALL LOT 044

DOM 0

Postal Code 61107

Price Per Sq Ft Total AG 111.26

Exterior

Exterior Brick/Stone Vinyl

Parking Spaces 4

Interior

# of Units 4

* Excluded Features

List By

Tyler Ragan

Listing Agent

Dickerson & Nieman

Broker

tylerr@dickersonnieman.com

Affordability Calculator

$3,316

Per Month

Monthly Principal & Interest: $2,617
Monthly Property Taxes: $699
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Rockford, IL

Average List Price ^$302,079

Percent of Sale Price 29%

About Rockford, IL

147,353 Population

-4% Since 2002

^$40,556 Median Income

37.69 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2138200 Elementary School

2138252 Middle School

Guilford High High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/17/2026	$425,000		Listed Price

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5870 Garrett Lane, Rockford, IL, 61107 is a Multi-Family Home for sale at $425,000 with 3,820 sqft. 5870 Garrett Lane is a studio with 0.0 baths. The property's zip code is 61107 which is in Rockford, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the NorthWest Illinois Alliance of REALTORS®.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NorthWest Illinois Alliance of REALTORS®. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 3/19/2026.

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5870 Garrett Lane

Multi-Family Home for sale in Rockford, IL

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